
What happens in a drawdown
Trader Mindset
00:00
When You're in a Drawdown, You Know You Need to Get Back to Breakeven
When you find yourself in a longer drawdown the idea of kind of digging out for higher percentage rates of return can put a lot of pressure on you and that could change your behavior. I would flash yellow at around 4 or 5% start cutting your position size and trade your best setup if you're trading several setups I would trade whatever the one is that you have that's the best one for you and then stick with that. If you like anything about this show please like and subscribe to the YouTube channel as well as whatever platform because then it shares the ratings with other folks who might find that the message of this show really resonates with them. That's all I have for you today gonna
Transcript
Play full episode